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EDMONTON - Edmonton will see the biggest jump in housing prices in Canada this year, according to a major Scotiabank study released Wednesday.) @1 h' r. }, A) A" z
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"Edmonton is the only city to meet all three criteria of strong demand, tight supply and affordability," said Scotiabank economist Adrienne Warren, who studied 23 Canadian cities.( x* u' p# U7 s6 ?* h: q
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"This powerful combination will sustain a market-leading pace of construction, sales and ! O0 d$ ]) e _7 Q
Housing demand in Edmonton is sustained by Canada's second-highest rate of combined population and employment growth, trailing only Calgary |
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